European tech funding raised by Iceland startups during H1 2022.
In H1 2022, 16 startups in Iceland raised a combined €93M across 16 funding rounds, up 525.5% versus H1 2021. Software was the most active sector, and Frumtak Ventures was the most active investor. Data as of 9 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Sidekick Health | Series B | May 2022 | €52M |
| NeckCare | Other | May 2022 | €7.6M |
| Kara Connect | Other | May 2022 | €6.0M |
| indó | Seed | Feb 2022 |
| €4.0M |
| SalesCloud | Other | Feb 2022 | €3.5M |
| PayAnalytics | Other | Jan 2022 | €3.0M |
| 50skills | Other | May 2022 | €2.5M |
| Rocky Road | Seed | Jan 2022 | €2.2M |
| Empower | Other | May 2022 | €2.2M |
| 3z.is | Other | Jun 2022 | €1.9M |
| Arctic Theory | Other | Mar 2022 | €1.8M |
| Taktikal | Other | Jan 2022 | €1.7M |
| Spectaflow | Seed | Jan 2022 | €1.7M |
| Nanitor | Other | May 2022 | €1.6M |
| LearnCove | Other | Jan 2022 | €780k |
